Beverly Hills Mansion of Netflix Content Chief Ted Sarandos Sells for $8.8M

Published: July 14, 2017 | By: American Luxury Staff

After battling the market for about two years, Netflix content chief and programming wunderkind Ted Sarandos and his wife, former Ambassador Nicole Avant, have accepted an offer of just over $8.8 million for their residence in Beverly Hills.

Sarandos and Avant initially listed the home in the summer of 2015, for $9.35 million. The property had seen price cuts which finally dropped the asking to $8.85 million this past May. The couple purchased the home in 2010, for a little more than $5.4 million.

The home’s emphasis on form takes influence mainly from French country houses, with the familiar hipped rooflines steeply pitched, and punctuated with dormer windows. Its living spaces extend to 6,138 square feet, and it contains five bedrooms and seven baths. It dates to the early 1920’s, but has seen several significant revisions.

The interiors have been opened up from what was presumably a fairly compartmental and somewhat dark original layout, and run all the way to the uninterrupted trio of French doors which open onto the covered backyard patio. Lighting is modern, toning is generally off-white, and dark, high-gloss hardwood floors and a fireplace add period charm to the proceedings.

The kitchen in the home is a knockout: slab marble, a long center island with breakfast bar and incorporated gas stovetop, stainless and subway tile are design features, and it incorporates cottage and restaurant influences without skipping a beat.

All bedrooms in the home are en-suite; aside from the maid’s quarters, they are second-floor rooms accessible via a pair of staircases. The master suite includes a marble fireplace with hearth step, a private brick terrace, and his and hers baths.

The property exterior features a brick pool/patio/sunlounge, spectacular heirloom hedges for privacy, and a pergola-covered outdoor dining area.

Sarandos has been at Netflix since 2000; he currently serves as the company’s Chief Content Officer. He pioneered full-season series availability, as well as the use of algorithmic aggregate predictors for new series development and consumer satisfaction.

2975 July 14, 2017 Real Estate July 14, 2017